News

Russia: Pea exports through the Novorossiysk seaport doubled in 2023

Dried Common Pea
Russia
Supply Chain Management
Grains, Cereal & Legumes
Market & Price Trends
Published Oct 18, 2023

Tridge summary

Pea exports through the Novorossiysk sea trade port for the first 9 months of 2023 have increased by 58% compared to the same period in 2022, totaling over 1 million tons. The report states that the geography of pea exports is changing, with the UK, Latvia, and Taiwan no longer among the leading importers. Expert forecasts predict a record pea harvest in 2023 in the Rostov region, Krasnodar, and Stavropol territories, with significant increases in acreage and favorable weather conditions contributing to higher yields.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

“More than 485 thousand tons of peas were exported through the Novorossiysk sea trade port for 9 months of 2022, under the supervision of specialists from the Novorossiysk branch of the Federal State Budgetary Institution “Grain Quality Assessment Center”; for the same period in 2023, pea exports amounted to more than 1 million tons, which is by 58%. more than the previous year,” the report says. As the center commented, the geography of pea exports is constantly changing. The reasons for the change depend on price, quality and supply logistics. For example, in 2023, the UK, Latvia and Taiwan are no longer among the leaders in Russian pea exports. In 2023, the volume of supplies of Russian peas remained unchanged for Turkey, increased for Spain and Italy, and China remains a stable partner in foreign economic activity. As RBC Krasnodar reported, according to expert forecasts, the Rostov region, Krasnodar and Stavropol territories expect a record pea harvest in 2023. As of the end ...
Source: Zol
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